Asia stocks: Japan, S. Korea hit record highs amid Fed easing bets; China dips
MCLEAN, Va. - Cybersecurity firm Cycurion, Inc. (NASDAQ:CYCU), currently valued at $10.67 million and trading at $0.21 per share, announced today it has secured $4.6 million in new contracts to be earned over the next year, bringing its total contract value to $73.6 million. The contract value represents a significant multiple of the company’s trailing twelve-month revenue of $16.29 million.
The new agreements, which include providing AI-powered IT and cybersecurity services across government, healthcare, and public safety sectors, will begin this month with durations ranging from one to ten years.
According to the company’s press release statement, the new contracts are expected to contribute $2.1 million in revenue during the third quarter of 2025 and an additional $2.5 million by year-end.
The McLean, Virginia-based firm stated these new engagements include delivering cybersecurity assessment services for a county government, partnering with a system integrator for a health services IT implementation, and providing cybersecurity solutions for a healthcare organization.
Additional contracts involve supporting network infrastructure for a federal agency and expanding a partnership focused on computer-aided dispatch and 911 initiatives.
Cycurion reported the contracts will utilize its proprietary AI-enhanced Cyber Shield/ARx platform across more than 15 client engagements.
The company specializes in cybersecurity, program management, and business continuity services for government, healthcare, and corporate clients through its subsidiaries Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc. Investors seeking deeper insights into Cycurion’s financial health metrics and growth prospects can access additional analysis through InvestingPro, which offers 13 additional key insights about the company’s performance and outlook.
In other recent news, Cycurion, Inc. has announced a significant $3.2 million debt-for-equity exchange, converting debt into Series G Convertible Preferred Stock with several investors, including Alpha Capital Anstalt and M2B Funding Corp. Additionally, Cycurion has secured new multi-year contracts totaling $69 million, although the company noted delays in project starts affecting immediate revenue realization. The firm has also regained compliance with Nasdaq’s listing requirements, reporting stockholders’ equity of over $10 million as of June 30. In a strategic move, Cycurion completed a $1 million stock exchange agreement with IQSTEL Inc., enhancing cross-ownership between the companies. Furthermore, Cycurion has amended its bylaws to align with Delaware law, as approved by its Board of Directors. These developments reflect a period of active restructuring and strategic positioning for Cycurion.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.